The BNB value is on the rise in tandem with record-breaking exercise on the BNB Chain. Over the previous month, the BNB Chain has seen an explosive development in consumer engagement, with lively addresses greater than doubling to over 2 million. In addition, transactions reached a staggering 8 million, highlighting the rising exercise on the community, significantly after the ETF frenzy.
Notably, BNB is presently shifting on a constructive monitor with its value hitting a three-month excessive of $677. Many components, together with VanEck’s BNB ETF software, have considerably contributed to the prevailing constructive sentiment. Let’s dive into BNB Chain’s exceptional development and its influence on the token’s value actions.
BNB Price Hits a 3-Month High Amid BNB Chain Growth
According to the multichain AI analytics platform Nansen, the BNB Chain has seen remarkable growth over the previous month. The community’s current milestone features a substantial surge in its lively addresses and transactions. While the lively addresses doubled to greater than 2 million, transactions surged previous 8 million. This improvement has fueled intense investor enthusiasm, triggering a BNB value surge.
Driven by the general constructive momentum throughout the BNB Chain ecosystem, the token hit a three-month excessive of $677. As of press time, BNB is buying and selling at $661.31, up by 5.36%. Over the previous week and month, the token has seen extra notable development of 10.3% and 14.5%, respectively. This bullish sentiment is mirrored within the large 34% surge within the 24-hour buying and selling quantity, which hit $2.71 billion.
Institutional Adoption and DeFi Activity Grow
In addition, the BNB Chain is experiencing rising institutional curiosity and DeFi exercise, which, in flip, impacts the BNB value. Recently, the community has seen large multibillion-dollar investments flowing into DeFi protocols, with the overall worth locked (TVL) leaping from $3.5 billion in early 2024 to over $6 billion as of May 7, 2025 — a 71% improve year-to-date. Commenting on the favorable points of BNB, Standard Chartered wrote,
BNB Chain stays a extra concentrated, old style sensible contract platform in comparison with rivals like Ethereum and Solana. But this construction offers a level of stability, which can be interesting in unstable macroeconomic circumstances.
What Drives BNB Price Up?
The BNB Chain’s exponential development and the coin value surge may very well be attributed to a number of components, together with asset supervisor VanEck’s S-1 form filing to launch the first-ever BNB ETF. In addition, the 90% drop on the BSC Chain has additionally boosted the token value. As CoinGape just lately reported, the BNB price is on the cusp of a rally to $700.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of expertise in blockchain, web3, and fintech spheres. She has established herself as a educated and interesting voice within the cryptocurrency and blockchain house. Her expertise as an Assistant Professor in English Language and Literature has additional added to her quest for crafting informative, well-researched, and accessible content material.
Disclaimer: The introduced content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.
